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Rio Nuevo Plans Downtown Tucson Projects

Work continues on the AC Hotel Tucson by Marriott at the NWC of East Broadway Boulevard and South Fifth Avenue in Downtown Tucson. Credit: A.E. Araiza/Arizona Daily Star

By Becky Pallack for Arizona Daily Star

Rio Nuevo plans to spend $17.4M on downtown Tucson projects related to tourism, retail and jobs next fiscal year.

In a split vote Tuesday, the board of the downtown revitalization district approved a $17.4M projects budget and a $1.4M operating budget for the fiscal year beginning July 1.

On the list, Rio Nuevo’s spending plans include:

  • $4.3M on a parking garage for a new hotel on Broadway.
  • $3.7M to renovate the Tucson Convention Center Arena to get it ready for the Arizona Coyotes minor-league hockey team.
  • $2.2M to expand the Mercado San Agustin retail center west of downtown.
  • $2M to help Caterpillar establish a regional headquarters.

Read more at Arizona Daily Star

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